After crashing almost more than 52% bitcoin can create two scenario either upside or down side
*if the price breakout from downside trend line the price need to retest and sustain above 40700 for the further upside upto 52450
this analyse is based on daily chart and for positional basis
Indicators :
TSI = still no sign of strength
MFI = looks cold need to wait for accumulations
*if the price breakout from downside trend line the price need to retest and sustain above 40700 for the further upside upto 52450
this analyse is based on daily chart and for positional basis
Indicators :
TSI = still no sign of strength
MFI = looks cold need to wait for accumulations
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.